Luxury Outlook 2023
An ambitious exploration into high-end residential markets across the globe.
First time on the market in 42 years, this 5-plex is situated in 4 separate buildings that feel like single family residences. Front unit includes 3 beds/3 baths with three 2-car garages, the next building is a duplex with a 3 bed/2 bath unit and a 1 bed/1 bath unit with 2-car garage, the rear middle unit contains 5 beds/4 baths with a 2-car garage, and the rear building is a 3 bed/3 bath unit with a 2-car garage. The entire complex is 8,841 total sf (approx) with 15 beds, 13 baths, six 2-car garages and extra on-site parking, 5 gas and electric meters, and 1 water meter. Each unit is large and spacious with inside laundry. All units are month-to-month and rented at 30-50% below market rate, except 1 unit that is owner occupied. Actual income does not include the owner unit (interior photos are of owner unit). This is a property that will enjoy long term tenancy, and perfect for a large family or maybe a condo conversion. Seller will cooperate with the buyer's 1031 exchange. Do not go onto property. Offer subject to inspection.